Expect the Wild Ride to Continue When Appian Reports Earnings
Appian (NASDAQ: APPN) has been incredibly volatile this year. The software-as-a-service (SaaS) company, which provides a cloud platform to help businesses develop software and apps, has seen its stock soar as much as 130% in 2019 before giving back some of those gains. The stock is still up 68% so far this year, driven higher by its fast-growing subscription revenue.
Shareholders are expecting the Cinderella story to continue when Appian reports the financial results of its third quarter after the market closes on Thursday, Oct. 31. Let's take a look at a few areas that will be of significant interest to investors when the company reports earnings.
Image source: Getty Images.
Source Fool.com